Motivations for selling your house can vary as greatly as the method you use to sell. The sales method you select when selling your house impacts your bottom line and the time it takes to close. Among the many choices available to sellers in today’s real estate landscape is selling your house directly to a cash buyer.
The power of cash allows for speedy transactions, bypassing the slower red-tape-filled traditional route with lenders or jumping over the hurdles of underwriters and inspections or buyers with financing that falls through, leaving you holding the proverbial bag. But how do you sort out the best option among so many? When selling a property in this manner it’s wise to hire a real estate professional to watch over such a transaction. We handle multiple transactions per month and will be able to answer your questions and concerns during the transaction.
The best place to start is by asking the right questions of the buyers you speak with to ensure you get the best offer. So read on as we explore four questions to ask your buyer when selling your house directly in Baltimore. This very important that you speak to the person or entity spending the money. This will help eliminate problems that may surface during the escrow period. We are cash buyers so you will always have direct contact with the principal to the transaction. We’ve heard horror stories from clients that expected to sell properties that would enable their parents to move into a retirement community. They went through the sale process and the buyer wasn’t able to complete the transaction. This threw the family in disarray . Very sad but this happens when you don’t deal real estate professional on the level of Baltimore Housing Source, Inc.
Are You A Middleman?
It’s vital to understand who you’re making a deal with, so one of the questions to ask your buyer when selling your house directly in Baltimore is if they are a middleman or the end buyer. If they are a representative for a company or an end buyer, ask for clarification on how their process works and ask to speak to the buyer directly. This very important that you speak to the person or entity spending the money. This will help eliminate problems that may surface during the escrow period. We are cash buyers so you will always have direct contact with the principal to the transaction. We’ve heard horror stories from clients that expected to sell properties that would enable their parents to move into a retirement community. They went through the sale process and the buyer wasn’t able to complete the transaction. This threw the family in disarray . Very sad but this happens when you don’t deal real estate professional on the level of Baltimore Housing Source, Inc.
What Are My Costs?
When you’re adding up the numbers, you must understand the expenses you’re facing to truly understand how much you’ll profit from selling your house. Which leads to another critical question to ask your buyer when selling your house directly in Baltimore, how much cash will come out-of-pocket before the sale, and what will I pay for at closing? Are other professional fees, broker fees, or commissions associated with the transaction? Each transactions has unique situations that will effect the bottom line. We explain each transaction completely highlighting unusual circumstances that may be connected to said transaction. If there are any liens connected the property that will paid at closing. The final amount you will receive will be disclosed to you before closing on the closing document created by the title company.
Do You Share Customer Reviews?
When selling your house directly in Baltimore, one of the questions to ask your buyer is if they share customer reviews so you can gauge what other sellers have to say. A reputable cash buyer will have their reviews displayed prominently on their website, and you should find further evidence of positive reviews on sites like Yelp. We share reviews and encourage our potential clients read all of our reviews.
How Does the Closing Process Work?
Another question to ask your buyer when selling your house directly in Baltimore is when you’ll close and how the process works. Your buyer should be able to provide you with a guaranteed closing date in writing and have the flexibility to work with you to select the best calendar day for closing, so you only have to make one major move. Professional cash buyers like those at Baltimore Housing Source, Inc work with an internal team to handle every transaction phase, including the closing, which is at no cost to you. We have select title companies that are part of our team, that we supply all of our information in advance to ensure that the transaction moves quickly. The advantage of having a reputable cash buying team to ensure a quick complete transaction.
The professional buyers at Baltimore Housing Source, Inc have all the right answers to your questions when selling your house directly in Baltimore. The professional buyers at Baltimore Housing Source, Inc are not middlemen; they are local real estate investors buying your house directly for cash. The professional buyers at Baltimore Housing Source, Inc don’t believe you should pay for anything before the sale. At Baltimore Housing Source, Inc, our professional buyers provide full transparency detailing the numbers used in our calculations so you understand the offer. We will walk you through every step of the sale process. With a direct sale to a professional buyer at Baltimore Housing Source, Inc, there are no commissions or hidden fees to come off the top. The amount of your offer from the professional buyers at Baltimore Housing Source, Inc is the amount of cash they will hand you at the closing table. The local professional buyers at Baltimore Housing Source, Inc are happy to answer any questions or address any concerns you have about selling your house directly with no obligation. Call Baltimore Housing Source, Inc at (410)775-6573.